‘One of the best neighbourhood pubs’ in Scottish city sold

The agent said The Hermitage pub in Morningside, Edinburgh, sits in a “prominent location in one of the most popular and affluent areas in Scotland’s capital”.

Barry McNeil, director at Cornerstone Business Agents, said: “The business is a superb example of a high quality traditional public house hostelry with an excellent food offering. The pub has been bought by an experienced operator adding to their growing estate of venues.

“We were delighted at the significant levels of interest we achieved on the site.”

The value of the deal was not disclosed but the leasehold was marketed at a guide price of £65,000 and rent at around £61,000 a year.

BUSINESS HQ

Pioneering spirits have a glass half-full perspective on Scottish drinks industry

OPINION

By Dr Antoinette Fionda-Douglas

As we near Christmas, against the backdrop of new US tariffs, it’s the perfect time to reflect on the resilience and innovation of Scotland’s drinks entrepreneurs 

As Christmas approaches, we find ourselves seeking the perfect additions for our festive tables. This year, however, it’s worth considering where our money goes.

With The United Growth Report revealing four in ten SMEs faced potential closure in 2024, supporting Scotland’s entrepreneurs – particularly those revolutionising the drinks industry – feels more vital than ever. 

ON THE MARKET

Hotel next to famous Scottish stadium put up for sale

A hotel next to a famous Scottish rugby stadium and music venue has been brought to market.

The “charming” hotel, bar and restaurant is described as a long-established business.

Christie & Co has been instructed to market The Hampton in Edinburgh, one of the most viewed businesses on the market in the last week.